Canada's primary underground propane inventories increased by 34.3% in May, according to the Canada Energy Regulator. The total represented a month-to-month increase of 136.8 Mcm. Compared to a year earlier, stocks were lower, with 360.7 Mcm, or 40.3%, less product on hand.
Propane storages in the West started May higher at 412.6 Mcm, which corresponds to 2.599 MMbbl, the agency reported. From April to May, volumes increased by 121 Mcm, or 41.5%, and were 273.3 Mcm, or 39.8%, less the year prior's level of 685.9 Mcm.